U.S. Personal Income Higher

Mar 24, 2021

U.S. personal income continues to move higher despite the ongoing economic disruptions and unemployment caused by COVID-19. Real disposable personal income (inflation adjusted) was up 11.4 percent in January compared to December (Figure 2). Personal income consists of total earnings due to wages, investments, and other ventures. Spikes in personal income are evident in March of last year and January of this year due to the stimulus payments provided in the COVID-19 assistance packages.

Taxpayers received $1,200 per person in the first relief package, and $600 per person in the second one. For persons who did not lose a job, the vast majority, the assistance simply boosted income. It appears most people deposited the increased income into savings. The Economist reports that excess savings reached $1.6 trillion last month.

Figure 2. Total. U.S. Real Personal Income

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Video: Unveiling a Breakthrough Genetic Solution for Future-Proof, Sustainable Pork Production

Marcel Huijsmans, Global Marketing Director at Topigs Norsvin tells us about their new genetic solution R3silience that offers a solid alternative to how the industry can approach disease management.

R3silience delivers scientifically proven, naturally resilient pigs that thrive under disease pressure, enabling more predictable, sustainable production by reducing losses and sustaining growth under disease challenge.

R3silience pigs deliver higher survival, stronger overall performance, and healthier herds - reducing wean-to-finish mortality by up to 6 percentage points during multifactorial PRRS outbreak*.

R3silience pigs not only show higher survival, but also deliver superior growth, improving daily weight gain by up to 0.04lbs. per day under multifactorial PRRS outbreak.*

Pigs with enhanced resilience to both viral and bacterial diseases require fewer health interventions and up to 8% less antibiotic treatments from wean-to-finish*, supporting better animal welfare.

For more information visit https://topigsnorsvin.com/products/r3...